Common Interest Communities Raises $10 Million For Further Development of Link Operating Systems

LOS ANGELES, July 9, 2014 /PRNewswire/ -- Common Interest Communities, the company that develops Link Systems for communities of common interest, today announced that it closed $10 million in financing raised exclusively through private placement. The new investment will be used primarily for the rollout of the company's Student Link System.

Common Interest Communities installs and operates custom built, touchscreen Smart TV consoles with life operating systems directly into buildings and housing units for students. The company's Student Link System, through a touchscreen in each student's room, connects every student via high definition camera and multiple apps, commanding socialization and interaction that delivers a true student experience.

For the interactive experience of Student Link, please click here for the YouTube video.

The Student Link System transforms the operations of student housing, opening up new revenue streams including: advertising, travel, events, content, games, movies and book sales. Students are linked to each other, their neighborhood and their needs through the system's easy to use applications. Content is student-specific and updated daily to appeal to the student throughout the entire semester. Features such as Nurse Call, Family Direct and Panic add additional safety to student life all for an affordable monthly fee.

"We have developed the only student housing operating system because it's not enough anymore to just put students in a building with a few amenities and call it student housing. This is the next level," said Philip Marley, Founder and CEO of Common Interest Communities. "We are committed to providing a system that maximizes productivity, neighborhood and allows students to manage their ever-changing safety, social and academic demands."

Increased demand for college housing, combined with increased competition for students and higher funding costs, demand a higher level of student experience and operating efficiency. The Student Link System represents increased cash flow and higher yield to the student housing operators and landlords.

About Common Interest Communities               
Common Interest Communities is a technology startup with a focus on interactive application platforms. Through its unique distribution channels, Common Interest Communities places their Link Operating Systems directly into new buildings for people of common interest in a common location. The company has recently launched Student Link and is developing concurrent platforms for senior living and luxury buildings. For more information, please visit our website Common Interest Communities or call 310 461-1385.

SOURCE Common Interest Communities